Actual electricity losses in the Company’s grids totaled 8,696 million kWh, or
10.33% of output to the grid. Compared to 2010, the decline in electricity losses
totaled 619 million kWh, or 0.82 pp in relation to electricity output to the grid.
It is important to note that the positive dynamics resulting from the decrease
in electricity losses were achieved alongside 0.77% growth in overall electricity
output to the grid compared to 2010.

Electricity losses in Company grids under comparable conditions
(including the leased equipment of UEC)

Name

2009

2010

2011

2011/2010

mln kWh

%

mln kWh

%

mln kWh

%

mln kWh

pp

Moscow

4,650

11.18

4,795

11.20

4,547

10.63

-248

-0.57

Moscow Region

4,401

11.40

4,520

11.10

4,337

10.48

-183

-0.62

Total for Company

9,051

11.29

9,315

11.15

8,884

10.56

-431

-0.59

The electricity losses for 2011 are presented under comparable conditions with
the losses for 2010.

Electricity losses recorded under tariff regulation

Name

Standard losses 2011

Actual 2011

Actual/standard losses 2011

mln kWh

%

mln kWh

%

mln kWh

п. п.

Moscow

4,729

11.28

4,359

10.19

-466

-1.09

Moscow Region

4,548

11.24

4,337

110.48

-315

-0.76

Total for Company

9,277

11.26

8,696

10.33

-783

-0.93

Order No. 26 of the Russian Energy Ministry dated February 4, 2011 approved
the standard electricity process losses for 2011 during its transmission
through the power grids of JSC “MOESK.” The standard is 11.33%
within the borders of Moscow (including the grids leased from JSC “UEC”)
with output to the grid of 41,996 million kWh, and 11.24% within the borders
of the Moscow Region with output to the grid of 39,997 million kWh.
The Company’s indicators do not exceed the specified values.

Implementation of business plan with respect to not exceeding the level
of electricity losses

Name

Plan 2011

Actual 2011

Actual 2011 / plan 2011

mln kWh

%

mln kWh

%

mln kWh

pp

Moscow

4,651

10.79

4,359

10.19

-257

-0.60

Moscow Region

4,594

11.01

4,337

10.48

-219

-0.53

Total for Company

9,245

10.90

8,696

10.33

-480

-0.57

According to the business plan for 2011 approved by the Board of Directors,
the level of electricity losses totaled 9,245 million kWh in 2011, or 10.9% of total
output to the grid. The Company fulfilled the business plan by reducing actual
electricity losses by 480 million kWh in 2011, or by 0.57 pp of the indicators approved
in the business plan.